Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on December 6, 2017 indicate that Louisiana-based Capital Financial Services broker/adviser Justin Mitchell was discharged from a former employer in connection to alleged rule violations and has been named in a pending FINRA investigation. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Mitchell (CRD# 5177794).
Justin Mitchell has spent ten years in the securities industry and has been registered with Capital Financial Services in Baton Rouge, Louisiana since July 2017. Previous registrations include LPL Financial in Baton Rouge, Louisiana (2009-2017); Mutual Services Corporation in Baton Rouge, Louisiana (2008-2009); AIG Financial Advisors in Baton Rouge, Louisiana (2008); and American General Securities Incorporated in Baton Rouge, Louisiana (2007-2008). He has passed one securities industry examination: Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on April 30, 2007. He is registered as a broker and investment adviser in Louisiana.
According to his BrokerCheck report, he was discharged from a former employer in connection to alleged rule violations and has been named in a pending regulatory investigation.
In October 2017 he was named in a FINRA investigation into allegations he participated in an outside business activity. The investigation remains pending. For reference, FINRA Rule 3270 states: “No registered person may be an employee, independent contractor, sole proprietor, officer, director or partner of another person, or be compensated, or have the reasonable expectation of compensation, from any other person as a result of any business activity outside the scope of the relationship with his or her member firm, unless he or she has provided prior written notice to the member, in such form as specified by the member.”
In May 2017 he was terminated from his position at LPL Financial following allegations he violated firm policy regarding outside business activities.
If you or someone you know has lost money investing with Justin Mitchell, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.